Macro - Country Economic Forecasts - United Arab Emirates

Macro - Country Economic Forecasts - United Arab Emirates



The non-oil PMI for UAE registered 55.3 in May, unchanged from the previous month. The May figure reflects a strong rise in output and new orders. Conversely, costs rose sharply, stemming from higher input demand. As a result of this strong momentum, we expect the non-oil GDP growth forecast to average 4.6% this year.


United Arab Emirates : Rapid oil expansion likely to accelerate growth next year
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Background
Economic development
Policy and Politics
Structure of the economy
Structure of trade

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